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Evelyn
Evelyn is a business-minded person. She is 36 years of age and a widower. Evelyn is currently living with her three children in the village of Calaocan Santiago.

Evelyn runs an electronics sales and cell phone accessories business. She has been running this kind of business for eight years and she is glad because she is able to earn about PHP 3,000 a month. Evelyn's business is located inside the old public market of Santiago where she has two stalls. She has one stall for her cell phone accessories and one stall for her electronics appliances. Evelyn would like to request financial support due to the unexpected circumstances that happened to her husband. In this situation, her capital is no longer enough to provide for her family needs and cover all her household expenses. Evelyn is asking for a loan of PHP 50,000 to buy electronic appliances such as DVD players, speakers, cell phone accessories and other dry goods for her retail business. She hopes that she can improve her business to be able to obtain greater profits since she is now the breadwinner of the family. She knows that she can make things possible through the guidance of our Almighty God and hard work.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $7,000
    Average annual income
  • 1239
    View loans »
    Philippines Loans Fundraising
  • $57,812,500
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Evelyn to buy electronic appliances such as DVD players, speakers, cell phone accessories and other items for her retail business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012